Magnolia Packing, Inc.

$339,957 PPP Loan in Americus, Georgia

Loan Details

Loan Number
6993507003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$339,957
Current Approval
$339,957
Forgiveness Amount
$341,988
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Magnolia Packing, Inc.
Address
1307 Southerfield Rd
State
Georgia
ZIP Code
31719-8134
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (488991)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
GA-02

Loan Use Breakdown

Payroll
$271,966
Rent
$35,608
Utilities
$32,384

Lender Information

Servicing Lender
Citizens Bank of Americus
Originating Lender
Citizens Bank of Americus

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